Wipro (NYSE: WIT) reported earnings on Jan. 18. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Dec. 31 (Q3), Wipro met expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue increased and GAAP earnings per share increased significantly.

Margins increased across the board.

Revenue details
 Wipro reported revenue of $2.00 billion. The 26 analysts polled by S&P Capital IQ expected to see a top line of $1.99 billion on the same basis. GAAP reported sales were 7.5% higher than the prior-year quarter's $1.86 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.13. The seven earnings estimates compiled by S&P Capital IQ anticipated $0.13 per share. GAAP EPS of $0.13 for Q3 were 18% higher than the prior-year quarter's $0.11 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 31.0%, 140 basis points better than the prior-year quarter. Operating margin was 17.1%, 80 basis points better than the prior-year quarter. Net margin was 15.7%, 90 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $2.07 billion. On the bottom line, the average EPS estimate is $0.13.

Next year's average estimate for revenue is $7.95 billion. The average EPS estimate is $0.49.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 383 members out of 417 rating the stock outperform, and 34 members rating it underperform. Among 91 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 87 give Wipro a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Wipro is hold, with an average price target of $8.49.

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